South Korea held a tender to purchase wheat

On September 24, a group of South Korean millers held a wheat procurement tender for 50,000 tons of U.S. wheat, Reuters reported. Columbia Grain International won the tender.

Purchased:

• 24,640 t of soft white wheat (SWW) with a protein content of 9.5-11% at $224.96 per ton FOB
• 850 t of soft white wheat (SWW) with a protein content of up to 9% at $235.99 per ton FOB
• 12,200 t of hard red wheat (HRW) with a protein content of 11.5% at $236.18 per ton FOB
• 12,310 t of dark northern spring wheat (DNS) with a protein content of 14% at $259.08 per ton FOB

According to the tender terms, shipment will take place from November 15 to December 14.

Tags: export, South Korea, wheat